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Moody’s: Wealthy Households Are Now the Backbone of the Global Economy and Their Anxiety Could Tip the World Into Recession

Moody’s warns the global economy relies heavily on wealthy consumers. A drop in confidence among the rich could trigger a rapid recession.

By Media Network | December 09, 2025 | 0 Comments

Global Billionaire Wealth Hits Record $15.8 Trillion in 2025, UBS Reports Historic Surge

UBS reports global billionaire wealth hitting a record $15.8T in 2025, driven by self-made fortunes and the largest inheritance boom in history.

By Media Network | December 07, 2025 | 0 Comments